| From Business Week: Years before getting President-Elect Barack Obama’s nod to head the Securities and Exchange Commission, Mary Schapiro did stints on both the SEC and its sometime rival, the Commodity Futures Trading Commission. It’s easy to read that as one of many signs that a merger of the two institutions is looming.
Obama hinted as much this morning, as his press conference announcing Schapiro’s nomination, at which he referred pointedly to “the need to potentially consolidate the regulatory agencies out there, the need to streamline them.” .... Full Article: Source
|